Managment Theory

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Title: Managment Theory

Essay Details:

Subject: Business

Author: Marilyn R

Date: July 3, 2015

Level: University

Grade: A

Length: 2 / 599

Essay text:

This understanding assists the management to plan for the future and design products for particular groups of people Economic and political: Includes; all the essential factor such as competitors, suppliers and customers in an open model of business the management must study the economy and political environment for a continual and dynamic relationship. In this system the management assumes that the business or company has both input and output. By studying the companies’ suppliers’, competitors and customers as well as current political factors, the management are capable of making effective managerial and decisions...

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